June 15, 2020 Terry’s Tips Trade Alert  – Rising Tide Portfolio

We have become too long:

BTC 1 COST 19Jun20 300 put (COST200619P300)
STO 1 COST 19Jun20 287.5 put (COST200619P287.5) for a debit of $5.40 (buying a vertical)
 
BTO 1 COST 17Jul20 290 put (COST200717P290)
STC 1 COST 17Jul20 300 put (COST200717P300) for a credit of $4.45 (selling a vertical)

BTC 2 COST 19Jun20 307.5 calls (COST200619C307.5)
STO 2 COST 19Jun20 295 calls (COST200619C295)  
BTO 2 COST 17Jul20 295 calls (COST200717C295)
STC 2 COST 17Jul20 310 calls (COST200717C310) for a debit of $2.60 (selling a vertical roll)

BTC 1 COST 19Jun20 305 call (COST200619C305)
STO 1 COST 19Jun20 295 call (COST200619C295)  
BTO 1 COST 17Jul20 300 call (COST200717C300)
STC 1 COST 17Jul20 305 call (COST200717C305) for a credit of $1.20 (selling a vertical roll)
 

Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry